Cardano Founder Charles Hoskinson Donates to John Deaton's Campaign

Date: 2024-03-04 Author: Dima Zakharov Categories: IN WORLD
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Cardano Founder's Generous Support

Charles Hoskinson, the brain behind Cardano, has drawn attention today with his announcement of a contribution to John Deaton's campaign. This move underscores the increasing intersection of the crypto sector and political activism. Hoskinson's support for the XRP advocate in his Senate bid against Elizabeth Warren highlights a significant development in the crypto community's engagement in political matters.

Acknowledgment of Support

In response to Hoskinson's generous donation, Deaton sent an email confirming receipt and expressing gratitude for the support, emphasizing the importance of collective efforts in challenging established interests.

Financial Backing

Hoskinson's contribution of $3300 to Deaton's Senate campaign signifies growing support for progressive changes in both cryptocurrency and politics. Public approval and financial backing from figures like Hoskinson serve as rallying cries for decentralization and the adoption of digital assets.

Ongoing Discord with XRP Community

Despite his support for Deaton, Hoskinson continues to face backlash from the XRP community. His recent comments during an Ask Me Anything session stirred controversy, particularly regarding conspiracy theories involving Ethereum and the SEC's lawsuit against Ripple.

Clarity Amidst Controversy

Hoskinson clarified his stance on the so-called "ETHGate" theory, stating that while he doesn't deny its existence, it holds little relevance to the ongoing legal battle between the SEC and Ripple.

The tension between Hoskinson and the XRP community persists, underscoring the complexities of navigating the intersection between cryptocurrency and traditional finance.
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